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This incentive aims to support creative businesses whose economic performance is directly linked to the creative talent of those involved in the business.  Further support is provided to help the development of creative communities in artistic zones thus sustaining the development of said zones and interdisciplinary creative cluster developments.

Undertakings including self-employed involved in the creative industry may benefit through this incentive which will be in the form of a tax credit. The aid will be calculated as a percentage of the eligible costs incurred by these undertakings in the development of their creative endeavours.

Malta Enterprise may approve a tax credit equivalent to 60% of the eligible expenditure up to a maximum of €25,000.  Costs related to the development and publication of creative work are eligible for aid under this incentive.  Such costs must be incurred by the applicant between the 1st January 2010 and the 31st December 2012 (both dates included).

The incentive provides additional benefits related to creative work undertaken in following creative zones:

Þ Strait Street, Valletta

Þ Biċċerija Area, Valletta

Þ Is-Suq, Valletta

Þ Savina Square, Rabat, Gozo  

Þ Arch. Saver Cassar Street, Rabat, Gozo     

Þ Saint Mary Street, Rabat, Gozo        

Þ The Collachio Area, Birgu      

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For further information please contact Malta Enterprise: info@maltaenterprise.com

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